Accounts Payable Officer

Square One· Finance & Accounting
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📍 Lemesos, Lemesós, CyprusFull time

About this role

SquareOne is one of Limassol's most active residential real estate developers, with 20+ projects underway across multiple SPVs and a team of ~35. We are looking for an Accounts Payable Officer to own the AP function end-to-end across our project SPVs and the parent company.

This is a hands-on role sitting within the Finance team, reporting directly to the Financial Controller. You will be responsible for the accurate and timely processing of all supplier invoices, contractor payments, and creditor reconciliations across the group.

Invoice Processing

•      Receive and process supplier and contractor invoices across all SPVs and the parent company

•      Verify invoices against purchase orders, contracts, and supporting documentation

•      Post invoices to the correct SPV, cost account, and cost center

•      Enter invoices accurately and timely into SAP Business One

Approval Workflow

•      Route invoices for approval per the company's authority matrix

•      Follow up with approvers to ensure timely sign-off

•      Ensure no payment is processed without proper approval

Payments

•      Prepare weekly payment runs and ad-hoc urgent payments

•      Prepare bank payment files and process online banking payments

•      Reconcile payments back to invoices in SAP

•      Process contractor payments in line with pre-verified interim payment certificates received from the Technical team

Reconciliations

•      Perform quarterly creditor reconciliations against supplier statements

•      Reconcile the AP subledger to the General Ledger

•      Investigate and resolve discrepancies

VAT & Compliance

•      Ensure correct VAT treatment on all invoices (standard, reduced, reverse charge, zero-rated)

•      Ensure invoices meet Cypriot tax invoice requirements before entry

•      Support the Financial Controller on VAT return preparation

Supplier Master Data

•      Maintain the supplier master file, ensuring accurate and up-to-date records (bank details, VAT numbers, contact information)

Documentation & Audit

•      Maintain organized digital records of all invoices, approvals, and payment proofs

•      Ensure AP records are audit-ready year-round

•      Support internal and external audit queries relating to payables

Requirements

Must-have

•      2–4 years of relevant experience in Accounts Payable, ideally in a multi-entity environment

•      Solid understanding of Cypriot VAT rules

•      Working knowledge of SAP Business One (or a comparable ERP)

•      Strong Excel skills

•      High attention to detail and strong organizational skills

•      Ability to work independently and manage a full function without daily supervision

•      Fluent English and Greek

Preferred

•      Experience in real estate, construction, or development

•      Experience processing contractor invoices and interim payment certificates

•      LCCI Higher, part-qualified ACCA/AAT, or a degree in Accounting/Finance

What We Offer

•      Full ownership of the AP function across a portfolio of 20+ SPVs

•      Direct reporting line to the Financial Controller

•      Exposure to a fast-moving, high-volume real estate group

•      Competitive salary

•      Performance-based bonus scheme

•      A collaborative, professional Finance team

•      Career progression as the company grows

Frequently Asked Questions

Is the salary disclosed for the Accounts Payable Officer position at Square One?
The salary for this Accounts Payable Officer role at Square One is not publicly listed. Click "Apply Now" to learn more about the compensation package on their official careers page.
Where is the Accounts Payable Officer position at Square One located?
This Accounts Payable Officer role at Square One is based in Lemesos, Lemesós, Cyprus. The position is listed as on-site or hybrid. Check the full job description or apply directly to confirm the work arrangement.
Is the Accounts Payable Officer role at Square One full-time or part-time?
This is listed as a Full time position. It is posted as a Accounts Payable Officer role in the Finance & Accounting department at Square One.
Which team or department does the Accounts Payable Officer at Square One belong to?
This Accounts Payable Officer position is part of the Finance & Accounting department at Square One. See the full job description for more information about the team structure and responsibilities.
How do I apply for the Accounts Payable Officer position at Square One?
Click the "Apply Now" button on this page. You will be redirected to Square One's official application portal hosted on workable where you can submit your application directly.
When was the Accounts Payable Officer job at Square One posted?
This Accounts Payable Officer position at Square One was posted on Aug 14, 2026. Apply as soon as possible — early applications are often reviewed first.
Accounts Payable Officer
Square One
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